CenterPoint Properties commented on the shipping industry’s shift toward investing in larger distribution centers situated in high-traffic areas, rather than small, decentralized facilities.
Brian McKiernan, Senior Vice President, Development of CenterPoint Properties, expanded on the idea, noting, “Now people are saying, ‘We don’t need to be in five buildings; let’s be in one really functional building.'”
The article goes on to highlight CenterPoint’s investments near the Port of Houston and Los Angeles, as well as the Company’s work developing a new facility for BMW.
To read more about CenterPoint’s take on this industry shift, click here.
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